The economic issues were considered by parliamentarians

The parliamentarians within the framework of the current plenary session adopted in the first reading a number of legislations that relate to the economy. Thus, the parliamentarians considered and adopted in the first reading a draft law on the abolition of the law “On measures of state support in connection with the introduction of a state of emergency and (or) restrictive measures (quarantine) aimed at preventing the spread of coronavirus infection caused by a new type of virus COVID-19, in 2020-2022" at the suggestion of the Government of the Pridnestrovian Moldavian Republic. The law, as representatives of the Ministry of Economic Development of the Pridnestrovian Moldavian Republic recalled, was adopted in April 2020, when the republic as a whole, citizens and enterprises faced new living conditions and activities under quarantine measures. The law was proposed to be canceled in connection with the lifting of quarantine restrictions on coronavirus.

The Committee agrees with the opinion of the Ministry of Economic Development. However, deputies consider that the document needs to be improved.

The Government of the Pridnestrovian Moldavian Republic proposed to extend the validity of some state support measures. This will affect in the field of tax policy the establishment of a single social tax rate (in the amount of 0%) for downtime due to reasons beyond the control of the employer and employee, for example. An 8% rate will also be applied to the income of individuals received under employment contracts concluded with organizations providing information and computing services. State support measures will operate in the field of labor and civil law relations, customs regulation, investment policy and trade, statistical and financial reporting, and in the field of state regulation of prices (tariffs), public procurement. These rules due to the negative impact of the external economic situation are proposed to be extended until the end of 2023. This law-in-draft was also supported by parliamentarians in the first reading.

As for other issues of the economic bloc, the Supreme Council adopted today in the second final reading the law "On the Central Bank of the PMR", amendments to which included the Chinese yuan among the reserve currencies of Pridnestrovie. The banking system of the republic increased the volume of transactions in yuan due to the unstable geopolitical and economic situation in the world. There was a need to supplement the list of reserve currencies, which include the US dollar, the euro, the Russian ruble, the United Kingdom (Great Britain) pound sterling, the Japanese yen and the Swiss franc.